Sri Lanka is due to settle an International Sovereign Bond (ISB) repayment of US$500 million tomorrow, Tuesday January 18.
There has been a wide debate over the repayment with many economists suggesting that Sri Lanka should default payment and save the dollars for crucial essential imports of crude oil, drugs and food, which is more important than defaulting a debt payment. Central Bank Governor Ajith Nivard Cabraal has categorically said the payment will be made tomorrow.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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